800 FAYETTE ST Under Contract

Conshohocken,PA 19428

$ 1200000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAMC2107020

Year Built 1890

Annual Tax Amount $5,401

Tax Year 2024

Lot Size 5,559 Sqft

Property Description

Welcome to 800 Fayette Street! This historic home, built in 1890, has a rich past. The Seller wanted to share its highlights:
Family Heritage: In 1952, Anna and Sam Madonna, along with Anna?s parents, Grace and Vincent Pagnotti, moved into this charming abode. They ingeniously transformed the ground floor into both an apartment for the Pagnottis and a storefront. Upstairs, a two-story addition became the Madonna family?s private apartment.
Mrs. Madonna's cousin, Mary, loaned her the money to start the dress shop, Anna ran a thriving bridal business here, catering to brides from near and far. Unfortunately, Anna?s illness led to the shop?s closure in the early 2000s.

The rear section of the building, originally a barn dating back to the 1700s, played a crucial role during the Revolutionary War. General Lafayette requisitioned it to shelter horses from the elements.
Hidden Passages and Unexplored Mysteries: Beneath the building lies a mysterious basement with a secret passage waiting to be fully explored. What hidden treasures or forgotten tales might it reveal?

Recent Discoveries: Stucco failure on one side exposed hand-cut logs and concealed doors and windows, providing glimpses into the past and adding to the property?s allure.

GREAT INVESTMENT/DEVELOPMENT OPPORTUNITY! Located in the new Fayette Street Corridor Overlay District Zone 2 on the busy corner of W. 8th Avenue and Fayette Street.
This zoning allows a variety of uses, including residential (above non-residential spaces), offices, retail establishments, restaurants, and more. See attached zoning analysis and explore the potential of this well-located property! Watch the Virtual Tour attached for the Aerial Video.
Currently used as a business office/storefront with a two-story apartment located above. Residential lease ends 4/30/2025 then month to month with 30-day notice. The storefront is currently on month to month with 90-day notice.

Location

State PA

County Montgomery

Area Conshohocken Boro (10605)

Zoning RO-FCO DISTRICT ZONE TWO

Interior

Hot Water Natural Gas

Heating Hot Water,Forced Air

Cooling Central A/C

Flooring Ceramic Tile,Concrete,Hardwood,Partially Carpeted,Vinyl

Exterior

Garage Spaces 4.0

Utilities Available Electric Available,Natural Gas Available,Phone,Phone Available,Phone Connected,Sewer Available,Water Available

Waterfront N

Water Access N

Roof Type Asbestos Shingle,Flat,Pitched

Building

Lot Description Corner

Foundation Brick/Mortar,Crawl Space,Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Colonial

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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